INJ is trading at $13.06, holding above support but struggling to clear resistance near $13.80.

The token remains range-bound, with support between $11.60 and $12.00 and resistance at $13.80–$15.50.

Price is below the 9-period DEMA, showing weak momentum and failed breakout attempts.

Bollinger Bands show reduced volatility, suggesting a possible breakout or further consolidation ahead.

Injective (INJ) is currently trading at $13.06, showing a slight intraday gain of 0.76%. Despite holding above key short-term support, the token remains capped by a well-defined resistance zone. After reaching a high of $15.48 in mid-May, INJ has been unable to sustain upward momentum, trading in a range while broader market conditions remain uncertain.

Injective (INJ) Price Prediction: INJ Struggles Below $13.80 as Market Momentum Stalls 4

The overall crypto market has been consolidating, with Bitcoin and Ethereum both showing signs of exhaustion. This has limited upside across many altcoins, including INJ. While some tokens are forming new bases, INJ continues to face pressure from resistance levels established in May.

Injective at a Crossroads: Breakout or Breakdown?

On the 4-hour chart, Injective is moving sideways between clear levels. The price is currently below the 9-period DEMA, which stands at $13.23, acting as short-term resistance. Multiple attempts to close above this line have failed, showing that momentum is weak despite buyers defending support.

Bollinger Bands (20, 2) are showing moderate compression, suggesting decreasing volatility. The current price sits between the midline ($12.72) and the upper band ($13.83), indicating indecision. A break above the upper band would signal a possible trend continuation, while a rejection here would keep the token in its recent consolidation range.

Resistance remains heavy in the $13.80–$15.50 zone, where INJ has failed to close above in multiple sessions. Support is holding in the $11.60–$12.00 range, which has been tested several times since late May. A breakdown below $11.20 would likely shift sentiment to bearish, increasing the risk of a more extended correction.

Injective (INJ) Price Prediction: INJ Struggles Below $13.80 as Market Momentum Stalls 5

Injective is currently at a critical technical level. A breakout above $13.80 could revive bullish momentum and set up a retest of the $15.48 high. Until that happens, INJ remains range-bound with support near $12.00 and resistance near $13.80. The next move depends on whether bulls can push through the short-term ceiling or if bears regain control and drive price back to lower support.

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Filed under: Bitcoin - @ June 9, 2025 12:26 pm